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Random assignment of multiple indivisible objects

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Author Info
Kojima, Fuhito
Abstract

We consider random assignment of multiple indivisible objects. When each agent receives one object, [Bogomolnaia, A., Moulin, H., 2001. A new solution to the random assignment problem. Journal of Economic Theory 100, 295-328] show that the probabilistic serial mechanism is ordinally efficient, envy-free and weakly strategy-proof. When each agent receives more than one object, we propose a generalized probabilistic serial mechanism that is ordinally efficient and envy-free but not weakly strategy-proof. Our main result shows that, if each agent receives more than one object, there exists no mechanism that is ordinally efficient, envy-free and weakly strategy-proof.

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File URL: http://www.sciencedirect.com/science/article/B6V88-4T4XR6H-1/2/98907ac97817e6e086bfdc8bf199fdac
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Publisher Info
Article provided by Elsevier in its journal Mathematical Social Sciences.

Volume (Year): 57 (2009)
Issue (Month): 1 (January)
Pages: 134-142
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Handle: RePEc:eee:matsoc:v:57:y:2009:i:1:p:134-142

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Web page: http://www.elsevier.com/locate/inca/505565

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Related research
Keywords: Random assignment Multiple object assignment Probabilistic serial mechanism Ordinal efficiency Envy-freeness Strategy-proofness;

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This page was last updated on 2009-12-30.


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